n NISM Certifications
VII NISM Series VII
Medium

Who bears the counterparty risk in clearing and settlement of trades on a recognized exchange?

Practice question from NISM Series VII Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The Exchange itself

  2. B

    The Investor Group

  3. The Clearing Corporation

    Correct answer

  4. D

    The Trading Member

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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